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Taiwan's stock market fell on March 7, with the Taiex index dropping 139.36 points, or 0.61%, to close at 22,576.07 amid concerns over new US tariffs affecting Canada, Mexico, and China. Despite the downturn, Taiwan Semiconductor Manufacturing Co. (TSMC) remained stable at NT$1,005.00, potentially supported by government-backed funds as foreign institutional investors sold NT$29.50 billion in shares. Analysts anticipate ongoing market pressure as the implications of US trade policies unfold.
Chin-Wei Lu
People
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Taiwan stocks decline amid US tariff concerns and foreign selling pressure
06:00 08.03.2025
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